SMM Zinc Morning Meeting Minutes: Domestic Macroeconomic Policies Boost Bullish Funds Confidence
Overnight, London zinc recorded a long lower shadow and a small bearish candle, with the middle Bollinger band providing support. LME inventories decreased by 1000 tons to 189925 tons, a decrease of 0.52%, providing support for London zinc. Additionally, the US December JOLTs job vacancy data exceeded expectations at 8.75 million, rising to a new three-month high of 9.026 million. The probability of the Fed cutting interest rates in March in the swap market has dropped to about 40%...
